La Jose, Pennsylvania Property Taxes
The median property tax rate in LA JOSE, PA is 0.25%, significantly lower than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in LA JOSE, the typical annual property tax bill reaches $140, which is well below the national median of $2,690. Property taxes in LA JOSE are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding LA JOSE's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of LA JOSE or another part of Clearfield County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
La Jose, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.25%
Estimate Property Tax Bill
$141
Ownwell’s LA JOSE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA JOSE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA JOSE to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across La Jose, Pennsylvania
Property taxes in LA JOSE, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LA JOSE is 0.25%, significantly lower than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within LA JOSE set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA JOSE estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. Understanding how LA JOSE's tax rate compares within Clearfield County and to the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Jose Tax Rate
0.25%
Average Clearfield County Tax Rate
0.25%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Jose, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15753 | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Source: Ownwell
Property Tax Assessment Values Across La Jose, Pennsylvania
In LA JOSE, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Clearfield County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In LA JOSE, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in LA JOSE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 15753 has both the highest and lowest median tax bills, each at $140.
Average La Jose Assessed Value
$56,566
Average Clearfield County Assessed Value
$86,111
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Jose, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15753 | $15,556 | $38,384 | $56,566 | $97,980 | $130,101 |
Source: Ownwell
Property Tax Bills Across La Jose, Pennsylvania
In La Jose, Clearfield County, PA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual property tax bill. For instance, with a median home price of $56,566, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied by the county. Factors considered in the calculation include the property's market value, its assessed value, and the local tax rate. Homeowners in La Jose might see tax bills at the 25th percentile around $95, while those at the 75th percentile could be paying approximately $242. At the higher end, the 90th percentile tax bill reaches about $322. Compared to the national median property tax rate of 0.99%, the tax burden in La Jose is relatively modest, offering some relief to homeowners.
Average La Jose Tax Bill
$140
Average Clearfield County Tax Bill
$214
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across La Jose, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15753 | $38 | $95 | $140 | $242 | $322 |
Source: Ownwell